Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Baudax Bio, Inc. - Common stock (NASDAQ:BXRX)
Countertrend Down (-85) - BXRX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BXRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BXRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BXRX
The long-term trend has been DOWN since May 5th, 2021 at 0.99
The intermediate-term trend has been DOWN since Jan 30th, 2023 at 2.89
The short-term trend has been UP since Mar 16th, 2023 at 1.43
Smart Scan Analysis for BXRX
Based on our trend formula, BXRX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||91.2||52wk High Date||2022-03-23|
|52wk Low||1.25||52wk Low Date||2023-03-15|
|Average Volume||650,600||Shares Outstanding||2,586|